Middle East Economic Survey

VOL. XLVIII

No 50

12-December-2005

SYRIA

President Asad Orders Stabilization Of Syrian Currency

Syrian President Bashar al-Asad on 6 December ordered his top government officials to stabilize the value of the Syrian pound which has lost ground on the forex market because of fears of a possible showdown with the UN over the investigation into the murder of former Lebanese Prime Minister Rafiq al-Hariri. President Asad stressed the importance of the stability of the...